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FIFA President Sepp Blatter arrives for a press conference in Rio de Janeiro Monday.

FIFA President Sepp Blatter "responded to criticism" of the cost of staging the 2014 World Cup in Brazil by pledging to give at least $100M from profits back to the country, according to Rob Harris of the AP. FIFA gave South Africa $100M to invest in development projects after the 2010 World Cup, but had not previously said it would establish a similar "social fund" after the 2014 tournament to Brazil.